Back Airline RestructuringFunctional Audit Services and Restructuring of a West African Airline
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- National West African airline serving regional and international routes
- Initiation of a major restructuring program in August 2008 based on the business plan developed by Lufthansa Consulting
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Project duration |
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Services provided by Lufthansa Consulting |
- In-depth functional audit of the airline's organization including the assessment of Commercial, Product and Services, Fleet and Network Management, HR and Corporate Structure, Maintenance, Ground & Flight Operations and operational cost structures
- Gap analysis based on industry best practices
- Development of recommendations for improvement
- Translation of recommendations into detailed implementation plans
- Implementation support by providing interim management and ad-hoc consulting support with experts in each of the above areas
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Project description |
Lufthansa Consulting was commissioned to conduct a functional audit of a West African Airline, the country's national carrier to provide the investor with enough input to rate a possible take-over of the airline. The consultants thus assessed all areas of the airline and compared the current organization, strategies, policies and processes with industry best practices. The functional audit was complemented by a due diligence analysis that was accomplished by a traditional accounting firm. Based on the results of the functional audit, the Lufthansa Consulting prepared recommendations for improvements and translated them into a 5 year business plan. After the take-over of the airline in August 2008, Lufthansa Consulting also supported the airline in implementing the recommended measures. | Back
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